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Property profile & analytics
OFF-MARKET
Estimated value
$170,280,000
Office buildings
271 17th NW St Atlanta, GA 30363-6216
Individually Owned
2-yr Hold
Free & Clear
Property ID
US22-1802345
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
2007
Total area
746,498 SF
Lot
0.72 ac (31,363 SF)
Zoning code
C1
APN
17 010800015466
UPID
US22-1802345
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lanier Parking Parking Lot & Garage
-
SquareUp, Inc. Corporate Office
-
Swider Medical Group Medical Group
-
Amazon (ATL12) Corporate Office
-
Smith & Howard Wealth Management Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$164.05M
Comparable Approach
Comparable
$214.08M
Blend (final)
Blend
$170.28M
Owner & transaction history
William H Bell · 2 yrs held
William H Bell
since 2023
Last sale
$182.0M
7 recorded transactions
Zoning & alternative use
C1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$209.8M
+20.1%
Neighborhood: shopping center
$203.2M
+16.3%
Medical building
$203.0M
+16.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$153,075,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$177,715,000
6.5%
$164,045,000
7%
$152,325,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$174,770,000
Current use
COMMERCIAL (GENERAL)
$209,825,000
Change: +20% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$203,165,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$202,960,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$189,560,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$167,430,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$170.28M
Range $153.25M – $187.31M · ±10% · vs last sale $182.00M (Nov 22 2023)
Last sale anchor
$182.00M
Nov 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$228 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,153,287
Tax year 2023
Assessed value
$52,011,760
Assessed 2023
Previous assessed
$61,760,000
-15.8% YoY
Effective rate
4.14%
On assessed value
Assessed land
$1,362,240
Assessed improvement
$50,649,520
Land market value
$3,405,600
Improvement market value
$126,623,800
Total market value
$130,029,400
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
746,498 SF
Lot
0.72 ac (31,363 SF)
Zoning code
C1
APN
17 010800015466
UPID
US22-1802345
Jurisdiction
FULTON
Zoning & alternative use
C1 · Atlanta, GA
Zoning C1 · permitted uses
C1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$174.8M
COMMERCIAL (GENERAL)
Est. value
$209.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$203.2M
MEDICAL BUILDING
Est. value
$203.0M
AUTO REPAIR, GARAGE
Est. value
$189.6M
RETAIL STORES
Est. value
$167.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
William H Bell
Individual
Free & Clear · 2 yrs held
Mailing address
271 17TH ST NW, ATLANTA, GA 30363-6216
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2023
—
William H Bell
Suntrust Bank
Quit Claim Deed
related
—
Oct 2, 2018
$3,750,000
Phg-tm As LLC
Sp5 Atlantic Land Developer Ll
Grant Deed
—
Oct 2, 2018
—
Phg Tm As LLC
Sp5 Atlantic Land Developer Ll
Quitclaim Deed
related
—
May 9, 2017
$182,000,000
Cshv 271 17th Street LLC
Sp5 Atlantic 271 Office LLC
Grant Deed
—
Jan 3, 2011
—
Sp5 Atlantic 271 Office LLC
271 Office Associates LLC
Quit Claim Deed
related
—
Jan 3, 2011
$75,000,000
Sp5 Atlantic 271 Office LLC
271 Office Associates LLC
Grant Deed
related
—
Jan 29, 2010
—
District,owners Association In
Atlantic Station LLC
Grant Deed
related
—
Jul 30, 2008
$9,000,000
271 Office Associates LLC
Atlantic Station LLC
Grant Deed
—
Jul 21, 2008
—
District,owners Association In
Atlantic Station LLC
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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